历年股东信 · 时间线Shareholder Letters · Timeline

1977–2025 年，巴菲特以伯克希尔·哈撒韦董事长身份写下的全部 49 封年度致股东信。按年代筛选或搜索关键词，点击卡片展开节选，或进入站内全文页。 All 49 annual letters Buffett wrote as Berkshire's chairman, 1977–2025. Filter by decade or search, expand a card, or open the full text.